Employment Up in January Despite Partial Shutdown The U.S. labor market exceeded expectations by adding 304,000 nonfarm payroll jobs in January according to the Economic Situation Report released earlier this month, despite a 35-day long partial government shutdown that furloughed 380,000 federal workers and forced another 420,000 employees to work without pay. Despite expectations, the…

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The insurance industry bounced back to gain 2,000 jobs in January after losing 500 jobs in December, according to the most recent Employment Situation Report released on February 1. The insurance industry now employs 2,704,100 persons, with an unemployment rate of 1.9 percent. Over the last three months, the industry has added 4,300 insurance jobs.…